After the Fed released minutes of its last meeting, the bond market signaled it fears the Fed will not be aggressive enough with its rate cutting.Market Insiderread more
The Fed minutes also note that "a couple" members wanted a 50 basis point cut, based primarily on the weak inflation readings.The Fedread more
Analysts generally doubt how effective the People Bank of China's latest interest rate announcement will be in significantly helping businesses grow.China Economyread more
Japanese manufacturing activity shrank for a fourth straight month in August as export orders fell at a sharper pace.Asia Marketsread more
These in-demand skills can command top pay packets, says Feon Ang of professional networking site LinkedIn.Get Aheadread more
The Washington governor had centered his campaign around climate change, calling it "the most urgent challenge of our time."Politicsread more
The inversion is seen by many veteran traders as an important recession omen, though the timing on the eventual downturn is less predictable.Bondsread more
Here's what Nordstrom reported for its fiscal second-quarter earnings.Retailread more
The sexy image that once boosted Victoria's Secret has been haunting L Brands more recently, as women are steering clear of the brand's hot pink, lacy and bejeweled lingerie.Retailread more
Ford is one of four automakers that reached a voluntary agreement with California on fuel efficiency rules, defying Trump and his administration's effort to strip the state of...Autosread more
See which stocks are posting big moves after the bell.Market Insiderread more
Check out which companies are making headlines before the bell:
Lululemon — The yogawear maker reported adjusted quarterly profit of 30 cents per share, 1 cent a share below estimates. Revenue was above forecasts, but the company's raised full-year adjusted forecast of $2.02 to $2.15 a share is still below the current consensus of $2.16. Lululemon's bottom line has been impacted by higher costs.
Apple — Apple raised $1.38 billion in its first bond sale in Taiwan, according to the Taipei Exchange. The sale is about 40 percent larger than initially expected.
Yahoo — Yahoo is auctioning off about 3,000 patents in a sale that could raise more than $1 billion, according to The Wall Street Journal.
Polycom — The provider of voice and video conferencing solutions received an offer from a private-equity firm to be taken private for $12.25 per share, compared to Tuesday's close of $11.96. Polycom already has a deal in place to be acquired by Mitel and continues to support that deal.
Southwest Airlines — Southwest reported a 6.4 percent increase in revenue passenger miles for May compared to a year earlier. It also said it continues to expected a modest increase in current-quarter operating revenue versus a year ago.
Amazon.com — Chief Executive Officer Jeff Bezos said the online retail giant would invest an additional $3 billion in India, bringing its total investment in that country to more than $5 billion.
LendingClub — LendingClub's former CEO Renaud Laplanche has been speaking with private-equity firms about a potential takeover of the online lender, according to Reuters. Laplanche left LendingClub in May, following a probe that revealed falsified documentation regarding loans to an investor.
Dave & Buster's — The company reported quarterly profit of 72 cents per share, 13 cents a share above estimates, while the arcade and restaurant chain's revenue also beat forecasts. Dave & Buster's also raised its outlook for the year as well as announcing a $100 million stock buyback program. The company's results are being helped by the opening of a handful of new locations.
VeriFone — VeriFone missed estimates by 5 cents a share, with adjusted quarterly profit of 47 cents per share. The provider of payment technology did see its revenue come in above forecasts. VeriFone also issued a weaker-than-expected current-quarter outlook, and said it would commence a strategic review that will likely lead to job cuts.
Blackstone — Blackstone is in talks to buy insurance brokerage Acrisure for more than $2 billion, according to Reuters.
Valeant Pharmaceuticals — Valeant remains on our watch list this morning, a day after filing its delayed quarterly report and seeing its shares fall nearly 15 percent. The drugmaker's Chief Executive Officer Joseph Papa said he would focus on rebuilding Valeant's reputation, after the company slashed its early earnings and revenue forecast.
Questions? Comments? Email us at email@example.com